14.03.2008 18:32:00
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Technology Solutions Company Announces Hiring of Vice Presidents
Technology Solutions Company (TSC) (Nasdaq: TSCC) today announced that
two new employees have joined TSC.
Albert Joseph has joined TSC as Vice President/Client Director within
the TSC SAP team. In his new role, he will be responsible for the
delivery and expansion of multiple SAP accounts for TSC. Mr. Joseph has
held several consulting and industry SAP roles in the past, including
Senior Managing Consultant for IBM Global Business Services; Senior
Project Manager for SAP, America; and Senior Associate for Meritus
Consulting Services. He holds a BA in Economics from Oakland University,
is PMP Certified and holds an SAP Certification for ASAP Rapid
Implementation Methodology.
Jeffrey Sulzner has joined TSC’s subsidiary,
Exogen, as a Vice President, Technology Support. In his role, Mr.
Sulzner will be responsible for providing technical sales support for
all healthcare services and products. Mr. Sulzner has 19 years of
industry experience which includes extensive experience in healthcare
information technology. Mr. Sulzner has held several roles in the past,
including Executive Director of Technical Solutions Consulting at
Emageon; Director of Corporate Information Service Consulting at Mercy –
Sisters of Mercy Health System; and Manager of Systems Integration and
Data Communications at Citation. He holds a Bachelors of Business
Administration and Management Information Systems from the University of
Missouri. He is also a recipient of the 2002 Computer World Magazine
Laureate Award for Healthcare Innovations.
To induce them to accept employment with TSC, TSC granted inducement
stock option awards for an aggregate of 10,000 shares of TSC’s
common stock that will vest over three years. These awards constitute
inducement awards under Nasdaq Marketplace Rule 4350.
About TSC
Technology Solutions Company (TSC) is a leading business solutions
provider that partners with clients to expose and leverage opportunities
that create, measure, and sustain the delivery of value to their
customers. TSC serves the healthcare and manufacturing industries. For
more information, please visit: www.techsol.com.
ABOUT EXOGEN
Exogen is a business solutions company that is focused on creating value
for healthcare providers and manufacturers. Our solutions help lead the
transformation of healthcare providers and manufacturers from a
traditional inside-out thinking to an Outside-In value-driven customer
perspective. Our teams of value creation experts have intimate knowledge
of the challenges facing healthcare providers and manufacturers today
and share a common vision for the future. We combine our knowledge and
vision, with best-in-class solutions developed in other industries, to
bring to market unique products and services for healthcare providers
and manufacturers. We refer to our industry leading solutions as
Experience and Certainty. Our proven Experience solutions leverage our
exclusive Outside-In intellectual property helping our customers
identify, understand and quantify value creation opportunities through
the eyes of their customers. Our proven Certainty solutions deliver and
sustain value in the areas of digital healthcare and operational
transformation. Our entire suite of business solutions exist to deliver
results. We have delivered hundreds of successful strategy, planning,
implementation and optimization projects with extraordinary results and
outstanding client references. For more information, please visit: www.exogeninc.com.
Exogen is a wholly-owned subsidiary of Technology Solutions Company.
CERTAIN FORWARD-LOOKING STATEMENTS AND FACTORS THAT MAY AFFECT FUTURE
RESULTS This press release contains or may contain certain forward-looking
statements concerning TSC’s financial
position, results of operations, cash flows, business strategy, budgets,
projected costs and plans and objectives of management for future
operations as well as other statements including words such as "anticipate,” "believe,” "plan,” "estimate,” "expect,” "intend,” and
other similar expressions. These forward-looking statements involve
significant risks and uncertainties. Although TSC believes that the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, readers are cautioned that no assurance can be
given that such expectations will prove correct and that actual results
and developments may differ materially from those conveyed in such
forward-looking statements. TSC claims the protection of the safe harbor
for forward-looking statements contained in the Private Securities
Litigation Reform Act of 1995 for all forward-looking statements.
Important factors that could cause actual results to differ materially
from the expectations reflected in the forward-looking statements in
this press release include, among others, TSC's ability to manage
decreased revenue levels; TSC's need to attract new business and
increase revenues; TSC's declining cash position; TSC's ability to
manage costs and headcount relative to expected revenues; TSC's ability
to successfully introduce new product and service offerings; TSC's
ability to successfully introduce its new Exogen business subsidiary;
TSC's dependence on a limited number of clients for a large portion of
its revenue; the potential loss of significant clients; TSC's
ability to attract new clients and sell additional work to existing
clients; TSC's ability to attract and retain employees; the
rapidly changing nature of information technology services, including
TSC's ability to keep pace with technological and market changes and its
ability to refine and add to existing service offerings; the lack
of shareholder approved stock options available for grants by TSC to
retain existing employees; and changing business, economic or market
conditions and changes in competitive and other factors, all as more
fully described herein and in TSC's filings with the Securities and
Exchange Commission, press releases and other communications.
Forward-looking statements are not guarantees of performance. Such
forward-looking statements speak only as of the date on which they are
made and, except as may be otherwise required by law, TSC does not
undertake any obligation to update any forward-looking statement to
reflect events or circumstances after the date of this press release. If
TSC does update or correct one or more forward-looking statements,
investors and others should not conclude that TSC will make additional
updates or corrections with respect thereto or with respect to other
forward-looking statements. Actual results may vary materially.
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